INTEREST RATES.
The return to the investor on his outlay, based upon the latest dividends, works out as follows on the latest sales. When Government stocks are included, the calculation provides for redemption at the earlier date of maturity. When payment is made in sterling, exchange is added. In the case of local body issues allowance is also made for 20 per cent interest reduction:— PER CENT PES ANNUM. £ s. d. Commercial Bank 3 8 7 E., S. and A. Bank 2 17 8 Farmers' Trading 4 6 11 Morts Dock 4 o 6 Auckland Gas 5 4 o Huddart, Parker 3 11 9 New Zealand Breweries .... 213 4 Broken HIU Proprietary.... 2 17 6 Colonial Sugar 2 18 ° Amal. Brick (Ak.), 1/3/44, 7 i 6 17 3
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Bibliographic details
Auckland Star, Volume LXVIII, Issue 44, 22 February 1937, Page 4
Word Count
128INTEREST RATES. Auckland Star, Volume LXVIII, Issue 44, 22 February 1937, Page 4
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